Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire

Obama and GOP Speak Same Language: Corporate Tax Cuts = Jobs
31 Jul 2013
🖨️ Print Article

A Black Agenda Radio commentary by BAR executive editor Glen Ford

President Obama, like his Republican colleagues, says the word “jobs” when he really means “corporate tax cuts.” He lectured in the same Corp-Speak in Chattanooga, where he told low-wage workers how wonderful their bosses are, and what economic miracles could be accomplished by lavishing corporations with “incentives” to do the right thing.

Obama and GOP Speak Same Language: Corp Tax Cuts = Jobs

A Black Agenda Radio commentary by BAR executive editor Glen Ford

“There is no jobs creation plan, only a series of corporate tax giveaway programs.”

President Obama went to a low wage warehouse in Chattanooga in the right-to-work state of Tennessee to renew his offer to massively lower corporate tax rates – from 35 to 28 percent – and had the nerve to call it a Grand Bargain for the middle class. Surrounding the president were employees who do backbreaking work for $11 or $12 an hour – and can by no stretch of imagination be considered middle class. Obama praised their cutthroat Amazon corporation bosses as the sort of benign masters that he’s depending on to bring the country back to economic health – once they’ve been properly incentivized with lower tax rates, on the one hand, and outright public subsidies, on the other. Amazon is only invested in Tennessee because the state has given the corporation huge tax breaks that will allow it to undercut other book sellers, forcing them out of business and their workers into unemployment. Amazon’s 7,000 new, low wage jobs come at the cost of lay-offs and bankruptcies among its competitors. It’s the Wal-Mart business model, which is quite popular at the White House.

The Obamas have a special place in their hearts for corporations of all kinds, as long as they’re big. The president told the Amazon warehouse workers, whose jobs are not very good, that he wants to create good jobs in other industries through renewable energy and electric cars and cheap natural gas – that is, “fracking.” Of course, by that he means providing additional government subsidies and tax breaks to corporations. Good jobs, presumably, will trickle down. Obama urged Congress to pass his Fix-It-First program to rebuild bridges and other public infrastructure, while blaming the Republicans for gutting government through “sequester” of spending. But it was Obama who proposed the sequestration disaster in the first place, as part of his earlier Grand Bargain with the GOP, in 2011.

“Good jobs, presumably, will trickle down.”

Obama used the Chattanooga visit to re-pitch much of his last State of the Union Address, in which he pledged to work for a public private partnership to upgrade the privately-owned U.S. infrastructure, such as energy grids and ports. That’s a euphemism for spending billions in public monies to subsidize private, profit making corporations. Obama calls that a jobs program.

He also thinks workers should be appreciative of the Free Trade deals whose proliferation has coincided with the destruction of the U.S. manufacturing base and the loss of millions of jobs that really were “good.” Obama promised to call a meeting of the CEOs of the same corporations that sent the jobs overseas, to ask them to do more for the country – as if they haven’t done enough, already. He’s got another program, called Select USA, that offers tax breaks and other incentives to foreign corporations that locate facilities in the U.S. Since so many U.S. headquartered high-tech corporations, like Apple, are actually Chinese companies for purposes of employment, Obama might as well combine his various tax break programs and hand out the goodies to CEOs regardless of nationality. In fact, that’s close to the actual practice. There is no jobs creation plan, only a series of corporate tax giveaway programs.

For workers, there’s the minimum wage, now set at $7.25 an hour. Obama promised, once again, in Chattanooga, to try to raise that to $9.00. But, back in 2008, candidate Obama vowed to fight for $9.50. I guess, somewhere along the way, he lost his incentive. For Black Agenda Radio, I’m Glen Ford. On the web, go to BlackAgendaReport.com.

BAR executive editor Glen Ford can be contacted at Glen.Ford@BlackAgendaReport.com.



Your browser does not support the audio element.

listen
http://traffic.libsyn.com/blackagendareport/20130731_gf_ObamaTaxCuts.mp3

More Stories


  • Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Spirituality and Black August: An Interview with Kalonji Changa
    26 Jul 2023
    As part of the Black Agenda Report Book Forum, we interview scholars and activists about a recent article they’ve written for either an academic journal or popular publication. Sometimes we discuss…
  • Caribbean organizations released a statement against foreign intervention in Haiti and calling for an end to the militarization of the region by the U.S. and the West.
    Caribbean Popular Organizations
    Caribbean Popular Organizations: We Must Raise Our Voices to Defend Our Region!
    26 Jul 2023
    A group of popular Caribbean organizations released a statement against foreign intervention in Haiti and calling for an end to the militarization of the region by the U.S. and the West.
  • Socialist Workers Movement of the Dominican Republic
    Stop the Dominican Government's Violence and Racist Lies Against Haitian Pregnant Women
    26 Jul 2023
    The Dominican Republic’s racist President is once again scapegoating Haitians and Dominicans of Haitian descent for his government’s terrible economic policies. This time, his target is poor pregnant…
  • Peoples Dispatch
    Death Toll Mounts in Kenya as Police Intensify Crackdown on Protests Against US-IMF Backed Tax Regime
    26 Jul 2023
    Kenyans have been protesting President William Ruto’s Finance Act that increases taxes on essential goods while making concessions to foreign capital.
  • Jody Roumain
    Africa is Burning! DRC in Environmental Crisis
    26 Jul 2023
    Quiet as it’s kept, the African continent is the most susceptible to the impacts of climate change. And it has a history of colonialism, capitalist extraction, and labor exploitation to blame for…
  • Load More
Subscribe
connect with us
about us
contact us